Hot Development: MicroStrategy Announced Its New Bitcoin Investment, Here Are the Details of That Giant Investment!

MicroStrategy acquired 16,130 shares in a transaction valued at approximately $593.3 million. Bitcoin announced the purchase of another. This purchase, which took place between November 1 and November 29, averaged $36,785 per coin, according to the company’s regulatory filing.

This latest transaction significantly boosted MicroStrategy’s BTC holdings to an impressive total of 174,530 coins at an average price of $30,252 per Bitcoin, including fees and expenses. The company’s total investment in Bitcoin currently stands at a staggering $5.28 billion. As we reported, this strategic move follows MicroStrategy’s previous acquisition in October. At that time, the company purchased another 155 BTC for a modest price of $ 5.3 million.

MicroStrategyMichael Saylor, co-founder of , predicted a significant price increase for Bitcoin in a recent interview with CNBC. Saylor’s bullish prediction is based on the upcoming “halving” event and the first time he believes it will increase demand and reduce supply. spot Bitcoin ETFBased on the potential approval of .

source site-7